CMA CGM stays in red, pays back NOL takeover loan

  CMA CGM, the world’s third-largest container shipping company, posted on Friday another net loss in…

11 ships discharging petroleum products in Lagos

Eleven ships are currently discharging petroleum products and other commodities at Apapa and Tin-Can Island ports…

NIMASA calls for proper regulation of maritime industry

The Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dakuku Peterside, has said that if…

FG begins exploration of non-oil minerals in Bayelsa

The Federal Government has commenced a programme to identify and explore other mineral resources besides crude…

DSS arrest 40 in Kano Bureau de change raid

Operatives of the Department of State Security (DSS)  on Friday  in Kano raided Bureau de change…

Buhari inaugurates boards of NNPC, others

President Muhammadu Buhari on Friday inaugurated the boards of the Nigerian National Petroleum Corporation (NNPC) and other parastatals.…

1.2m metric tonnes of poultry products smuggled into Nigeria annually

The Poultry Association of Nigeria (PAN) has given 1.2million metric tons as the estimated volume of…

Tanker explosion kills 73  

At least 73 people were killed and 110 others injured Thursday when a truck carrying petrol…

Navy hands over suspected militants’ paramedic to DSS

The Nigerian Navy has arrested one Augustine Effiong, a suspect who specialises in providing medical services…

Manufacturers lost N500bn to flexible foreign exchange policy — MAN

The Manufacturers Association of Nigeria (MAN) on Thursday said Central Bank of Nigeria’s flexible exchange rate…

CBN lifts manufacturing, power with $660m forex disbursements

The Central Bank of Nigeria (CBN) has disbursed $660.17 million to 1,342 manufacturers, power and other…